We're building a super chaebol in Hong Kong

At ten o'clock in the morning on July 25th, Su Cheng met Lin Xiufeng at the Baining Shun Group Building.

"Mr. Su, please sit down. I have long admired your name. Meeting you today, you are indeed young and promising!" Lin Xiufeng said with emotion.

To control Hutchison Whampoa, a former British-owned conglomerate, at the age of twenty-something was incredible.

At this moment, the two were in the chairman's office of Baining Shun Group.

Baining Shun Group is a listed company, basically controlled by the Lin family.

"Mr. Lin, you flatter me. I'm just lucky," Su Cheng said with a smile as he sat on the sofa.

Lin Xiufeng sat opposite Su Cheng and said directly, "I wonder what important matter Mr. Su is looking for me, Lin?"

"Since Mr. Lin asked directly, then I will be frank. It's like this, I heard that Jiashi Television, controlled by the Lin family, is not doing well now?" Su Cheng said directly.

"Who in Hong Kong doesn't know this? Why does Mr. Su need to ask knowingly to ridicule me? The Hong Kong government does not want me to control Jiayi Television. It has investigated Jiashi repeatedly. Now I have no confidence in Jiashi anymore."

Although Lin Xiufeng didn't know why Su Cheng asked him about Jiashi, he still told the truth, because this was a well-known fact, and there was no need to lie about it.

"If I want to buy Jiayi Television, I wonder how much money Mr. Lin would sell it for?" Su Cheng asked directly.

"Mr. Su wants to buy Jiayi Television? Why?" Lin Xiufeng thought he had misheard.

You should know that everyone knows the plight of Jiayi Television. Isn't wanting to take over Jiayi Television at this time a complete fool's errand?

Does Su Cheng look like an idiot? Lin Xiufeng didn't think so.

This is a person who can take over Hutchison Whampoa without shedding blood.

Although young, who dares to underestimate him?

It is impossible for the first Chinese Taipan of a British-owned conglomerate in Hong Kong to not see the specific situation of Jiashi.

Therefore, there must be a reason.

"I heard that Jiayi Television has never made a profit since it was built, but has been burning money all the time, right?" Su Cheng asked.

"Well, I might as well be frank. It is true that it has never made a profit. It has been able to support it until now thanks to my continuous investment. At the beginning of July, I still had hope for it, but unfortunately, even after burning all the money invested this time, it still had no effect. So I can't see any hope in Jiayi Television. If Mr. Su wants to buy Jiashi, I can give you a discount price and let you take over," Lin Xiufeng said directly.

In fact, the main reason why Lin Xiufeng was disappointed with Jiashi was that the Hong Kong Governor's Office had been hindering the Lin family's control over Jiashi. When he realized that continuing to invest in Jiashi was meaningless for development, he completely gave up on Jiashi.

He knew that it was too easy for a business tycoon like Su Cheng to investigate the specific situation of a company.

So even if he lied and exaggerated the performance of Jiayi Television, it would be useless and completely unnecessary.

"To buy Jiashi, it's actually nothing, just because there are only three television licenses in Hong Kong. If you buy TVB and RTV, the price will definitely be very high. After all, both of them are developing very well. Only Jiashi, which only burns money, will have a low price. So I chose to come and talk to Mr. Lin to see what price Mr. Lin can offer. If the price is right, I will buy Jiashi. If it is not suitable, I can only choose one of the two television stations, TVB and RTV," Su Cheng said with a smile.

"Isn't Mr. Su afraid of the drawback of educational programs?" Lin Xiufeng still couldn't understand. Anyone with eyes could see that Jiashi would not be able to make a profit at all if the problem of broadcasting educational programs every day was not solved.

"To be honest, the television station is just a small toy to me. So what if it loses money every month?" Su Cheng said calmly, as if losing a small amount of money was not money at all.

Lin Xiufeng thought of the net worth of the person opposite him and understood. For this tycoon with tens of billions or hundreds of billions of net worth, the one or two million Hong Kong dollars that the television station loses every month is really nothing.

This might not even be as much as someone's pocket money.

It's really infuriating to compare people! Lin Xiufeng was very emotional.

At this time, he was also struggling with how much money to sell Jiashi to Su Cheng for.

Jiashi's "July Offensive" has been completely unsuccessful, and Lin Xiufeng has completely given up the fantasy that Jiashi can rise again.

Since 1976, the Lin family has invested a total of 40 to 50 million Hong Kong dollars.

It is impossible to get the money back, but he is not very willing to lose too much.

Originally, he planned to completely abandon Jiashi after Jiashi spent all the money, and directly apply for bankruptcy liquidation.

"Mr. Su, let me make a phone call and discuss it with the family members, and then talk to you later," Lin Xiufeng thought for a while and finally said.

The Lin family is not something he can decide alone. This matter must be discussed with the family members.

Moreover, he can't be the only one to take the blame.

"Okay, I'll wait for you," Su Cheng said with a smile.

So Lin Xiufeng went directly out of the office and went to the next office to make a phone call.

After all, he couldn't ask Su Cheng to leave the sofa and then make a phone call in the office himself.

Or make a call in front of Su Cheng, wouldn't that be that the Lin family's bottom line would be heard by Su Cheng?

After about ten minutes, Lin Xiufeng finally came back.

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"Mr. Su, after discussing with several key members of the Lin family, if you give 20 million Hong Kong dollars, we will immediately transfer all the equity to you, and I will also help you get the equity of other shareholders," Lin Xiufeng said directly as soon as he entered the door.

"Mr. Lin, you are asking for too much. Is Jiashi worth 20 million Hong Kong dollars?" Su Cheng said speechlessly.

He didn't plan to spend so much money to buy Jiashi. If he really had to pay this price, then he wouldn't buy it at this time, but would wait until Jiashi went bankrupt and then take over Jiashi through Governor MacLehose's relationship.

After all, after Jiashi goes bankrupt, the Hong Kong High Court will appoint a bankruptcy administrator as the interim liquidator to take over Jiashi's assets.

It won't be difficult to take down Jiashi at that time, but it will only owe MacLehose a favor.

In a situation where it is really unavoidable, Su Cheng will not easily owe MacLehose a favor.

"Mr. Su, our family has invested nearly 50 million Hong Kong dollars in Jiashi before and after. Selling it for 20 million is only recovering less than half of the capital. This is not asking for too much," Lin Xiufeng shook his head and said.

"There is no business that is guaranteed to make a profit without losing money. Losing money is also very normal. This has nothing to do with the current value of Jiashi. There is no need for Mr. Lin to bring this up. If it is 20 million, I am not interested in Jiashi. It seems that it is difficult to get a satisfactory answer from visiting Mr. Lin today," Su Cheng sighed.

"Mr. Su, don't worry. Businesses are negotiated. If both parties can accept it, the transaction can be completed. So how much is Mr. Su willing to offer?" Lin Xiufeng said quickly.

20 million Hong Kong dollars is naturally not their bottom line. After all, they didn't expect Jiashi to be able to get back some capital.

"I'm not a very difficult person to talk to. How about this, I'll buy 100% of Jiashi's equity for 10 million Hong Kong dollars. You can solve the other shareholders. If Mr. Lin agrees, we'll make a deal, otherwise I'll have to choose another one," Su Cheng said very directly.

In a word, 10 million Hong Kong dollars, agree to make a deal, disagree and end it here.

"Since Mr. Su has said this, I won't dwell on the price anymore. Then, let's make a deal at this price!" Lin Xiufeng finally agreed.

Because he has to agree, except for Su Cheng, Jiashi will definitely not be able to find another successor.

In case Su Cheng really doesn't want Jiashi, then Jiashi can only be smashed in his own hands.

"Then, happy cooperation!" Su Cheng said with a smile.

"Happy cooperation," Lin Xiufeng sighed helplessly.

Although he was a little unwilling, he still had to face reality.